When an entity's exports are worth more than imports, it is said to have a trade surplus. When more is imported than exported, it is called a trade deficit.
This is called a trade defecit.
exports more than it imports
That is called a trade deficit.
Trade surplus
it is call a defict..... I think
This is called a trade defecit.
The difference in value between what a nation imports and what it exports is called the trade balance. If a country exports more than it imports, it has a trade surplus. If it imports more than it exports, it has a trade deficit. A balanced trade is when a country's imports and exports are equal.
exports more than it imports
That is called a trade deficit.
Trade surplus
imports more that it exports
The the difference in value between what a nation imports and exports over time is called the trade balance. If a nation exports more than it imports, it has a trade surplus. If a nation imports more than it exports, it has a trade deficit. This trade balance can impact a nation's currency value and overall economic health.
The country's net exports are positive(net exports being exports minus imports)
Yes, Mexico has a trade deficit of about USD$17.3 billion. For 2008, Mexico exports were worth $291.3 billion, while imports summed up some $308.6 billion.
it is call a defict..... I think
the imports will cost more were as you will get paid less for the exports.
export